v3.26.1
Revenue
6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Revenue

Note 2 – Revenue

 

Disaggregation of Revenue

 

The Company recognizes revenue classified in services and other either at a point in time or over time. Revenue by point in time and over time was as follows (in thousands):

 

   2026   2025   2026   2025 
   Three Months Ended   Six Months Ended 
   June 30,   June 30, 
   2026   2025   2026   2025 
                 
SaaS revenue recognized over time  $377   $390   $742   $720 
Services and other revenue recognized point in time   1,744    1,885    3,727    3,804 
Total revenue  $2,121   $2,275   $4,469   $4,524 

 

 

The deferred revenue balance represents payments received for performance obligations not yet satisfied. The following table shows the changes in deferred revenue during the six months ended June 30, 2026, and 2025 respectively (in thousands):

 

   June 30, 2026   June 30, 2025 
   Six Months Ended 
   June 30, 2026   June 30, 2025 
Balance at beginning of period  $562   $776 
Deferred revenue additions during period   700    604 
Revenue recognized during period   (626)   (587)
Balance at end of period  $636   $793 

 

Revenue recognized during the six months ended June 30, 2026 that was included in deferred revenue as of December 31, 2025 was $476. Revenue recognized during the six months ended June 30, 2025 that was included in deferred revenue as of December 31, 2024 was $587.

 

Revenue allocated to remaining performance obligations that are unsatisfied (or partially unsatisfied), which includes deferred revenue and amounts that will be invoiced and recognized as revenue in future periods, will be recognized within one year or less.